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What You Should Know About The Triple Net (NNN) Lease – The NNN Lease, often just called the triple net lease, is a common lease structure used in commercial real estate. Despite the popularity of the NNN lease, the triple net lease structure is still commonly misunderstood by many commercial real estate professionals.
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Net Lease – Investopedia – Net lease refers to a provision that requires a tenant to pay some or all of the taxes, fees and maintenance costs for a property in addition to rent.. triple (net-net-net): tenant pays all.
Triple Net (NNN), Double Net (NN) and Gross Leases in. – A triple net lease stipulates that the tenant is responsible for paying for insurance, property tax and common area maintenance (CAM) expenses along with the rent. Triple net leases are sometimes abbreviated to NNN in a property listing. A triple net lease not only reduces the financial burden but also transfers the financial risks from the.
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The Triple Net Lease in Commercial Real Estate – A triple net lease-sometimes referred to as an NNN lease, a net-net-net lease, or an absolute net lease-is a commercial leasing term that refers to a situation in which the tenant pays virtually all the operating expenses associated with maintaining the property he’s renting.
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